6307 Swainson St SW,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 6307 Swainson St SW, Ocean Isle Beach, NC, 28469 offers a 12.05% rental yield on a $257,000 purchase with $2,580/mo rent. Total monthly income registers $2,580/mo, and a $1,258/mo payment leaves $1,014/mo available for distribution. Annual cash flow reaches $12,163/yr on $85,196 to close, and return on cash invested stands at 34.19% in year one. Equity gained on principal adds $1,658/yr while 5% annual appreciation supports $71,004 over five years. Portfolio math shows five-year ROI at 179.29% and total cumulative return in cash at $152,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,258/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.